Veteran investor Shankar Sharma slams India’s IPO market as the “dumbest in history,” citing Lenskart’s pre-IPO activity. He alleges a “beautiful little game” where anchor investors create artificial legitimacy, leading to inflated valuations. Sharma claims companies exploit retail investors’ anchoring bias, causing stocks to collapse post-listing, only for investors to be trapped again.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs
October 24, 2026